Cds are time deposits that you can close before the term ends but might pay early penalty for withdrawing early. Cds vary with the financial institution. I would say a savings account
Answer:
$67.1 million
Explanation:
Given that,
Projected benefit obligation at the beginning of 2021 = $51 million
Service cost = $18 million
Retiree benefits = $7 million
Projected benefit obligation at December 31, 2021:
= Beginning of 2021 + Service cost + Interest cost - Retiree benefits
= $51 million + $18 million + (10% × $51 million) - $7 million
= $51 million + $18 million + $5.1 million - $7 million
= $67.1 million
Suppose there is a decrease in the price of butter.There will be an increase in demand for bread.
<h3>Option (B) is correct</h3>
<u>Explanation:</u>
Bread and butter are complementary goods. They are demanded and consumed together. So their demand are positively correlated which means an increase in demand of one will lead to the same increase the demand of other
If the Price of butter decreases, it will lead to an increase in the demand for butter. With the increasing demand for butter, the demand for bread will automatically increase. Both demands will move in the same direction.
Businesses good but very hard.
